capaDATA
  • PERFORMANCE
    • Younger saver, 30 years to retirement – 5-year annualised returns
    • Younger saver, 30 years to retirement – 3-year annualised returns
    • Younger saver, 30 years to retirement – 1-year annualised returns
    • Older saver, 5 years to retirement – 5-year annualised returns
    • Older saver, 5 years to retirement – 3-year annualised returns
    • Older saver, 5 years to retirement – 1-year annualised returns
  • RISK/RETURN
    • Risk/Return – Younger saver, 30 years from retirement, 5-year annualised
    • Risk/Return – Younger saver, 30 years from retirement, 3-year annualised
    • Risk/Return – Younger saver, 30 years from retirement, 1-year annualised
    • Risk/Return – Older saver, 5 years from retirement, 5-year annualised
    • Risk/Return – Older saver, 5 years from retirement, 3-year annualised
    • Risk/Return – Older saver, 5 years from retirement, 1-year annualised
  • PROVIDERS
    • Aegon Master Trust
    • Aon Master Trust
    • Atlas Master Trust
    • Aviva Master Trust
    • The Bluesky Pension Scheme
    • Ensign Retirement Plan
    • Fidelity Master Trust
    • Legal & General Investment Management – WorkSave Pension Mastertrust
    • LifeSight (Willis Towers Watson)
    • Mercer Master Trust
    • National Employment Savings Trust (NEST)
    • Now: Pensions
    • The People’s Pension
    • Salvus Master Trust
    • Scottish Widows Master Trust
    • Smart Pension
    • Standard Life DC Master Trust
    • SuperTrust UK Master Trust
    • TPT Retirement Solutions
    • Welplan Pensions
  • Research
    • ADVISERS
      • Pension provider selection factors
      • Switching
      • Diversification
      • Illiquids
      • ESG
      • Green
      • Digital
      • Consolidation
    • PROVIDERS
      • Master Trusts by number of members
      • Master Trust defaults by assets and number of employers
      • Member charges
      • Employer charges
      • Master trust investment advisers
      • Equity exposure
      • Derisking
      • Asset managers used
  • NEWS
  • MORE
    • About
    • Advertise
    • Contact us
    • Privacy policy
    • Content syndication
    • Terms & Conditions
CAPA
No Result
View All Result

£37 per employee per year: employers’ £900m cost of health appointments

30 January 2020
£37 per employee per year: employers’ £900m cost of health appointments
Share on TwitterShare on FacebookShare on LinkedIn

Over 200 million working hours a year are lost to healthcare appointments, costing UK businesses an estimated £900 million in paid sick leave according to Unum.

Research carried out by the insurer, based on a survey of 2,000 employees ad Office for National Statistics data, found around 201 million working hours were lost.

The research found the average full-time worker spent 8.3 hours attending appointments each year, making 3.1 visits to their GP and 1.7 visits to specialists. Of this time, 2.5 hours was spent in company time at an average cost per employee per year of £37.37.

The survey found that 60 per cent of respondents found taking time off for these appointments ‘stressful’, and 25 per cent said they had to cancel an appointment due to personal issues or their workload being too high. It found 62 per cent of full-time workers who had to cancel a healthcare appointment said their health deteriorated to some extent as a result.

The research found 77 per cent of workers reported their productivity at work is impacted while waiting for appointments.

Unum UK chief executive Peter O’Donnell says: “Good employers understand the importance of enabling workers to attend their health care appointments promptly and it’s concerning that so many feel stressed about taking this time out.

“What’s even more worrying is the number reporting worsening conditions either due to missing an appointment or having to wait a long time to get the help they need.

“We know that access to convenient medical support can sometimes be difficult for workers and their families and we wanted to offer a service that made a tangible difference. Early treatment can often result in a quicker resolution to a medical issue and bring added peace of mind.”

Unum launched its Help@hand app last year giving employees access to remote GPs, second opinions, mental health support, and physiotherapy. The app is available to all covered by Unum group income protection policies.

The post £37 per employee per year: employers’ £900m cost of health appointments appeared first on Corporate Adviser.

TweetShareShare
Previous Post

Ethnic women on half pension of white men

Next Post

Wealth Wizards in Open Data partnership with Moneyhub

Category

  • By Provider
  • News
  • Not for search
  • Provider page archive
  • Uncategorized
  • video
CAPA data

© 2019-2024 Definite Article Media Limited. Design by 71 Media Limited.

  • About
  • Advertise
  • Contact us
  • Privacy policy
  • Syndication

Follow us

No Result
View All Result
  • About
  • Advertise
  • Contact us
  • Privacy policy
  • Syndication

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.AcceptReject Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • About
  • Advertise
  • Contact us
  • Privacy policy
  • Syndication